Dexus secures John Holland for 180 Flinders Street Melbourne development

Dexus today announced that it has secured Australian infrastructure and property company, John Holland, on a long term lease across 7,700 metres at its new office development at 180 Flinders Street, Melbourne.

$660 million valuation uplift across Dexus portfolio

Dexus today announced that 96 of their 103 assets, comprising 44 office properties and 52 industrial properties have been externally valued as at 31 December 2017.
The external independent valuations have resulted in a total estimated $660 million or circa 5.3% increase on prior book values for the six months to 31 December 2017. As a result of these valuations, Dexus’s net tangible assets per security is expected to increase 65 cents.

BAML Australian Real Estate Conference

Dexus today provides the attached presentation to be used as a basis of discussion with institutional investors at the 2017 Bank of America Merrill Lynch Australian Real Estate Conference. The conference is being held at the offices of Bank of America Merrill Lynch in Sydney.

2017 Annual General Meeting

Good afternoon ladies and gentlemen and welcome to Dexus’s 2017 Annual General Meeting. My name is Richard Sheppard and I’m the Chair of the Board of Directors of Dexus Funds Management Limited. I’ll table my appointment as Chair of today’s meeting and open the meeting.

NBN takes up space at 100 Mount Street North Sydney

Dexus and Dexus Wholesale Property Fund, joint owners of 100 Mount Street, North Sydney, today announced the first major leasing deal since construction commenced in July 2016.
NBN has leased 20,364 square metres, representing 48% of the building, and is consolidating its office space from various locations across Sydney.
NBN joins Laing O’Rourke, the building’s anchor tenant, taking pre-commitment to 60% prior to the completion of construction which is expected to be achieved in early 2019.

105 Phillip Street Parramatta tops out

105 Phillip Street Parramatta tops out
The new Parramatta office development that will be home to 1,800 employees of the New South Wales Department of Education has 'topped out' and is on track for completion in March 2018.